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COVID19: Army and drones to bolster police checks

Cyprus police warn they will be unrelenting to ensure stay at home laws are abided by while recruiting the National Guard and drones to keep people in check during the coronavirus outbreak. Due to the spike in new COVID-19 cases, police are increasing checks on citizens travelling in vehicles or on foot across the island.

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Over 7,000 applications to suspend loan payments

Applications to suspend repaying loans in Cyprus have exceeded 7,000 after the government announced a nine-month freeze as part of emergency measures to mitigate impact of the coronavirus epidemic. Parliament approved a law for taking extraordinary measures at financial institutions

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SMEs will foot the bill, again!

It’s the 2012-13 banking collapse and financial crisis all over again. Only this time around, despite grandiose announcements of financial aid, it

COVID19: Making lemonades from lemons

By Michael R. Czinkota and Michael L. Czinkota The coronavirus is the firing pin for major innovations.  In many educational institutions, less than

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COVID19: Lebanese oil and gas sector feeling the strain

By Mona Sukkarieh The coronavirus pandemic has rattled global oil markets in unprecedented ways. First, the failure of OPEC+ to agree on a collective response to the crisis early March drove a wedge between Saudi Arabia and Russia and threatens to flood

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COVID19: EAC moves services online

Cyprus Electricity Authority (EAC) customer service centres will remain closed to the public until April 16 while moving all services provided by

COVID19: Cyprus shipping delays tonnage tax

The Deputy Ministry for Shipping is extending the deadline for payment of the Cyprus Registry Maintenance Annual Fee and the tonnage tax of Cyprus ships by two months due to the health emergency. “This is to support shipping companies and

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